Bearish first then sideways consolidation at OR lows. The 4th and 5th are bearish off OR lows and these are our short triggers. Closed partial at 1R then rest at 3R as it bounced off the $20 level.
BBY (fall thru prev day low)
Bearish first then sideways consolidation at OR lows. The 4th and 5th are bearish off OR lows and these are our short triggers. Closed partial at 1R then rest came back to breakeven.
TWC (gap up)
Trend up and strong relative to market. The 3rd is NR3 pullback and is our long trigger. Didn't really do much after entry. Closed in last session as it rose into the close.
UNH (gap up)
Trend up past OR high then the 5th is NR3 pullback and is our long trigger. Never really got going and it came back to stop out for a loss.
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1 comment:
Nice. Odds in your favor on the short side.
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